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Getting Help from Friends

Personal Loans For The Unemployed - Is It Possible?

Since you are in a difficult situation, you can consider borrowing money from a family member or a close friend.

You can prepare an agreement for the loan repayment and have the person transfer the cash to your bank account. This will make things easier for both of you.

Another option is to ask a friend to become your co-signer.

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In this case, you will qualify for a personal loan much more easily. You will still have to prove that you have some income, however.

There could be an income from unemployment benefits, interest income or rental income.

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